12/12/2025
LBO Public Statement
The Honourable House of Representatives has officially passed into law the Fiscal Year 2026 National Budget in the amount of $1,249,665,191.15. This decisive action underscores the Legislatureโs constitutional mandate to safeguard Liberiaโs fiscal discipline and prioritize national development.
The Draft Budget, initially estimated at $1,211,058,227.00, was carefully reviewed and adjusted by the House, resulting in an increase of $38,606,964.15 to strengthen appropriations across critical sectors. This adjustment reflects the Houseโs commitment to ensuring that Liberiaโs health, education, infrastructure, agriculture, and security needs are adequately addressed.
At present, the Budget has not yet been forwarded to the Honorable Liberian Senate. Technical details are being finalized by the Legislative Budget Office (LBO) to ensure accuracy, compliance, and transparency in line with national standards. Once concluded, the Budget will be transmitted to the Senate for concurrence, completing the bicameral process of fiscal approval.
Key Highlights
- Budget Increase: From $1.211 billion (Draft) to $1.249 billion (Passed), reflecting strengthened national priorities.
- Legislative Oversight: The House has exercised its constitutional role to refine and approve the Budget responsibly.
- Technical Review: The LBO is concluding final details to guarantee precision and accountability before Senate concurrence.
- National Impact: The FY2026 Budget is a blueprint for growth, equity, and modernization across Liberia.
Closing Note
The passage of the FY2026 National Budget by the Honourable House of Representatives is a landmark achievement in fiscal governance. It demonstrates the Legislatureโs resolve to place Liberiaโs long-term interests above all else. As the LBO concludes its technical work, the nation awaits the Senateโs concurrence to fully enact this Budget into law.
Congratulations to the Honourable House of Representatives for this decisive step in service to the Liberian people. ๐ฑ๐ท